A drilling programme is set to commence at Songwe Hill Rare Earths in Malawi. The drilling programme is a major part of the Feasibility Study for Songwe, which is fully funded by Talaxis Limited, a subsidiary of Noble Group Ltd. This programme would cover at least 5,000 metres and will be focused on infill, step-out and geotechnical drilling. Construction of over 50 drill pads has taken place alongside new access roads and camp infrastructure.
Mkango has successfully completed two drilling programmes at Songwe in the past, amounting to 6,850 metres and reaching a crescendo at a maiden Mineral Resource Estimate. On Mkango publishing an NI 43-101 technical report in relation to the updated Mineral Resource Estimate, Talaxis will further invest £7 million to fund the completion of the Feasibility Study for Songwe.
“We are delighted to announce the commencement of the drilling programme at Songwe. This is a culmination of extensive preparatory work completed over recent months and we are excited to kick off what will be the largest drill programme to date at Songwe. Mkango is fully funded to completion of a feasibility study with a clearly defined pathway to production. We look forward to keeping the market updated as we progress through the drilling programme and other major milestones.” said William Dawes, CEO Mkango Resources.
